Guangzhou Jiacheng International LogisticsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangzhou Jiacheng International LogisticsLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are CN¥4.4B and CN¥1.9B respectively. Guangzhou Jiacheng International LogisticsLtd's EBIT is CN¥282.7M making its interest coverage ratio 34.7. It has cash and short-term investments of CN¥307.5M.
Key information
45.3%
Debt to equity ratio
CN¥1.14b
Debt
Interest coverage ratio | 34.7x |
Cash | CN¥307.49m |
Equity | CN¥2.52b |
Total liabilities | CN¥1.87b |
Total assets | CN¥4.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603535's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥949.3M).
Long Term Liabilities: 603535's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥925.1M).
Debt to Equity History and Analysis
Debt Level: 603535's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: 603535's debt to equity ratio has increased from 0% to 45.3% over the past 5 years.
Debt Coverage: 603535's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 603535's interest payments on its debt are well covered by EBIT (34.7x coverage).